What is the price of fonio per kilogram/pound in Guinea today?
The retail price range for Guinea fonio is between US$ 2.96 and US$ 2.96 per kilogram or between US$ 1.34 and US$ 1.34 per pound(lb). Click here to see today's exact prices of fonio in Guinea
The retail price range in Guinean Franc for fonio is between XOF 1,847.81 and XOF 1,847.81 per kilogram or between XOF 838.01 and XOF 838.01 per pound(lb) in Conakry and Guéckédou (Guékédou).
Wholesale prices
In 2024, the approximate wholesale price range for Guinea fonio is between US$ 2.07 and US$ 2.07 per kilogram or between US$ 0.94 and US$ 0.94 per pound(lb).
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Guinea Fonio Export Prices - Historical, Trends and Prediction
The export price of Fonio from Guinea has seen a steady increase over the past five years. In 2018, the price per kilogram was $1.45, which increased to $1.60 in 2019. In 2020, the price rose to $1.75, and in 2021 it further increased to $1.90. This year, the export price of Fonio from Guinea is $2.05 per kilogram. This represents a 40.7% increase in the price of Fonio from Guinea over the past five years. Based on this trend, it is likely that the export price of Fonio from Guinea will continue to increase in the coming years, with an estimated price of $2.21 per kilogram in 2023 and $2.37 per kilogram in 2024.The Guinea fonio exports are categorised as:
- Fonio "Digitaria spp." (HS code 100840)
Guinea Fonio Import Prices - Historical, Trends and Prediction
The import price of Fonio into Guinea has seen a steady increase over the past five years. In 2018, the price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.60, and in 2021 it further increased to $0.70. The most recent data shows that the import price of Fonio into Guinea in 2022 was $0.80 per kilogram. This represents a 77.78% increase in the import price of Fonio into Guinea over the past five years. Looking ahead, it is likely that the import price of Fonio into Guinea will continue to increase in the coming years. Based on the data, it is predicted that the import price of Fonio into Guinea in 2023 will be $0.90 per kilogram, and in 2024 it will be $1.00 per kilogram.Export values for Guinea fonio
The total values in export for fonio in Guinea were US$ 43, US$ 36 and US$ 31 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Guinea: Wheat, Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet & Canary seed.
See prices of fonio in other countries across Africa: Algeria fonio, Angola fonio, Botswana fonio, Burundi fonio, Cameroon fonio, Cape Verde fonio, Central African Republic fonio, Comoros fonio, DRC Congo fonio & Benin fonio.
Guinea fonio - Production, Exports, Imports, Seasons and HS Codes
In 2018 Guinea shipped 36 tonnes of fonio. Through 2018 alone, the market for Guinea fonio (cereals/grains category) has decreased, with a change of -10 percent compared to the year 2017. Between 2016 and 2018, fonio's exports went down by -62.11 percent netting the exporter US$0.04m for the year 2018. Guinea's fonio exports are classified as:
- Fonio "Digitaria spp." (HS code 100840)
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Guinea fonio export values
In 2018, Guinea supplied fonio costing 0.04m USD, a contraction of -6.98% from 2017's total fonio export of 0.043m USD. The yearly change in value of Guinea fonio between 2016 to 2017 was -70.548 pc.
The per year change in the volume of Guinea's fonio exports between 2016 and 2018 was -62.11 pc when compared to a variation of -10% in the growth rate between 2017 and 2018.
Export markets for Guinea fonio ( in '000$ )
Guinea's best performing destinations for fonio are France, the Netherlands, Belgium, US and Angola.
Guinea purchased 0 tonnes of fonio in 2018.
Production
The production of fonio in Guinea was 477,432 tonnes in 2018 and is forecast to change by an average of -2.23%. The country had an estimated 614,538.00 hectares under fonio cultivation.